US Inflation Slowdown in Sight
Bloomberg Businessweek
00:00
The Unemployment Rate in the US Is Uncorrelated With Wage Growth
"The unemployment rate is uncorrelated with wage growth," he says. "So the argument you have to raise rates because the labor market is so tight is for the birds" The EPOP shows that in every country other than the US, employment to population rate is at least equal to its rate in 2000.
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Transcript
